A Florida investment adviser has pleaded guilty in a $13 million securities fraud scheme that prosecutors say capitalized on enthusiasm for Facebook shares.
The Sonoma County District Attorney’s Office and California Attorney General Kamala Harris filed a 164-count complaint Thursday against a Petaluma man suspected of stealing $20 million from dozens of investors in an alleged securities fraud Ponzi scheme.
A Petaluma man who allegedly stole more than $20 million from dozens of investors in a Ponzi scheme has been arrested, Attorney General Kamala Harris and Sonoma County District Attorney Jill Ravitch announced Tuesday.
Federal authorities have arrested a California woman in a continuing crackdown on employees of research firms who feed inside information on publicly traded companies to hedge funds.
A federal appeals court has tossed out the securities fraud conviction of McAfee Inc.’s former chief financial officer.
Federal regulators have accused actor Larry Wilcox of securities fraud.